Connecticut
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Connecticut Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$285,874

Number Of Homes And Apartments:
1,370,746

Connecticut Home Prices

> $1,106,837
4.2%
4.2%
$830,044 - $1,106,837
3.0%
3.0%
$553,474 - $830,043
7.5%
7.5%
$442,796 - $553,473
8.1%
8.1%
$332,082 - $442,795
15.9%
15.9%
$221,351 - $332,081
26.5%
26.5%
$110,635 - $221,350
28.2%
28.2%
$55,327 - $110,634
4.4%
4.4%
$0 - $55,326
2.2%
2.2%
0.0% 100.0%
% OF HOMES

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
2.55% 10.61%
9
Last 12 Months:
2019 Q4 - 2020 Q4
6.29% 6.29%
7
Last 2 Years:
2018 Q4 - 2020 Q4
10.37% 5.06%
3
Last 5 Years:
2015 Q4 - 2020 Q4
14.00% 2.66%
1
Last 10 Years:
2010 Q4 - 2020 Q4
8.11% 0.78%
1
Since 2000:
2000 Q1 - 2020 Q4
68.22% 2.54%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,664 / per month

Homeownership Rate

Owners
64.0%
64.0%
Renters
36.0%
36.0%
Vacant
9.6%
9.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
9.3%
9.3%
1970 - 1999
33.5%
33.5%
1940 - 1969
35.1%
35.1%
1939 or Older
22.1%
22.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
58.9%
58.9%
Townhomes
5.4%
5.4%
Small Apt. Buildings
16.8%
16.8%
Apt. Complexes
18.1%
18.1%
Mobile Homes
0.8%
0.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.3%
2.3%
1 Bedroom
12.6%
12.6%
2 Bedrooms
27.1%
27.1%
3 Bedrooms
36.3%
36.3%
4 Bedrooms
17.1%
17.1%
5 or more bedrooms
4.5%
4.5%
0.0% 100.0%
% OF HOMES